to popular perception high inflation is not necessary for fast convergence. Moreover the trajectories of certain euro … and stable for EU member states over the period 1997-2006. The joint dynamics of price and GDP levels tend to gravitate … towards the regression line but there is no shorter-term trade-off between fast real convergence and low inflation. Contrary …

The success of the integration process of the new EU Member States is reflected by their nominal and real convergence …

Union after 1960. The Great Recession was a shock to the development, and convergence within the EU-15 has suffered …-transition countries have mostly continued their catching up. Historically, convergence in the EU has been faster when aggregate GDP growth …

per capita convergence in the EU-15, but the extransition countries have mostly continued to catch up. We found this by … are left outside of income increases, then the general development is not in line with the spirit of the EU convergence …

indicators before and after entering the EU are compeered. Latvia's incoming in EU increased the amount of received means from …

investigate influence of international integration processes on development of economy of Latvia. Latvia's incoming in EU … integration of the Latvian economy into EU, is developed. In the model international financial flows connected with Latvia and EU … integration in the EU, but on its basis it is possible to create models of regional cohesion in Europe. …

single currency will bring real benefits. To become a EU member state, Romania has had to build and a reference system, the … reference currency is Euro, not U.S. dollars. The new currency will be a factor of stability which will reduce a lot of trading … losses due to local fluctuations of the dollar against euro. From 1 January 2003, the currency has been established in …

We present a new approach to study empirically the effect of the introduction of the euro on currency invoicing. Our … home currency invoicing after the introduction of the euro. In addition, the euro as a vehicle currency has overtaken the … role of the US dollar in Norwegian imports. The econometric analysis shows a significant effect of euro introduction above …